Dublin, Feb. 28, 2024 (GLOBE NEWSWIRE) -- The "U.S. Roofing Services Market - Focused Insights 2024-2029" report has been added to ResearchAndMarkets.com's offering.
The U.S. roofing services market was valued at USD 23.20 billion in 2023 and is expected to reach a value of $33.57 billion by 2029, growing at a CAGR of 6.35% from 2023 to 2029.
The U.S. roofing services market is growing significantly due to rising interest in energy-efficient roofing, increasing demand for waterproofing solutions, growing popularity of modern architecture, rising demand for solar roofing supported by government incentives & building codes, growing popularity of smart roofs, increasing demand for green roofs, growing hospitality industry, growth of the real estate sector, and rise in home improvement projects.
The rising popularity of energy-efficient buildings increases demand for roofing services from residential spaces.
With 38% of the market share, the roof installation type dominates the services segment. It includes the installation of new roofs for structures under construction. The roof installation demand is growing significantly in the U.S. due to various factors, including weather events, building codes, and technological advancements. Hailstorms and other weather conditions can damage roofs, increasing the demand for the repair & installation of new roofs.
The commercial end-user segment is growing at a CAGR of 6.48%. The demand for roofing services for office buildings is growing significantly, driven by new construction, renovation, and sustainability initiatives. It focuses on aesthetics, energy efficiency, and ease of maintenance. The demand for roofing services from retail spaces is influenced by rebranding projects, weather-related, and repair store expansions.
The U.S. roofing services market by application is segmented into existing and new. The new application segment is projected to grow steadily in the market, and the multi-family and single-family homes propel its growth. Post-pandemic housing units have increased in the U.S., requiring new roofs, which drives the demand for roofing services in the U.S. market.
The U.S. roofing services market is highly fragmented. Most companies in this market have less than 50 employees, as established local players have strong customer relationships in their communities. Baker Roofing, Centimark Corporation, Crane Group, Flynn Group, Nations Roofing, and Tecta America Corporation are the leading players with strong market penetration.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 65 |
| Forecast Period | 2023 - 2029 |
| Estimated Market Value (USD) in 2023 | $23.2 Billion |
| Forecasted Market Value (USD) by 2029 | $33.57 Billion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | United States |
MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape of the U.S. Roofing Services Market
- Key Vendors
- Other Prominent Vendors
VENDORS LIST
Key Vendors
- Baker Roofing
- Centimark Corporation
- Crane Group
- Flynn Group
- Nations Roofing
- Tecta America Corporation
Other Prominent Vendors
- Best Contracting Services
- CMR Construction & Roofing
- Corey Construction
- Crown Roofing LLC
- Feazel
- Greenwood Industries, Inc.
- Kalreuth Roofing and Sheet Metal
- Latite Roofing
- PAX Services Group
- Schreiber Corporation
- Advanced Roofing
- AGM Roofs
- Apple Roofing
- ASPEN CONTRACTING
- BELDON GROUP OF COS.
- BlueThread Services
- Capital Construction LLC
- COLLIS ROOFING
- Cotton Holdings, Inc.
- CP Rankin
- Crown Roofing LLC
- Douglass Colony Group
- Dynamic National
- Expert Super Seal
- Infinity Roofing & Siding
- INTERSTATE ROOFING CO.
- J Ferg
- Northpoint Roofing Systems
- Power Home Remodeling
- Roof Technology Partners
- Roofing Corp of America
- Roofing Southwest
- Sela Commercial Roofing
- Total Home Companies, Inc.
- Tristate Pro
- United States Roofing Corporation
U.S. ROOFING SERVICES MARKET SEGMENTATION & FORECAST
Services Market Insights (2023-2029)
- Roof Installation
- Roof Inspection, Repair & Maintenance Services
- Roof Replacement
- Roof Restoration
End-User Market Insights (2023-2029)
- Commercial
- Residential
- Industrial
Application Market Insights (2023-2029)
- Existing
- New
For more information about this report visit https://www.researchandmarkets.com/r/dtu73m
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